ANNUAL REPORT FLIPPING BOOK.pdf

DWWUDFW DQG UHWDLQ WKH EHVW VWDII ¶*HQHUDWLRQ <· ZDQWV WR ZRUN GLIIHUHQWO\ DQG LV SDUWLFXODUO\ DWWXQHG WR WKH EHQHÀWV RI VXVWDLQDEOH ZRUNSODFHV 6R WKHUH LV DQ RSSRUWXQLW\ WR align with demand from this growing market segment. 5HFRJQLVLQJ WKLV RSSRUWXQLW\ 7KH (QWHUSULVH &HQWUH LV DQ H[HPSODU GHYHORSPHQW E\ WKH $GDSW /RZ &DUERQ *URXS XQGHU FRQVWUXFWLRQ DW WKH JDWHZD\ WR WKH 8QLYHUVLW\ RI (DVW $QJOLD SDUW IXQGHG E\ WKH (XURSHDQ 5HJLRQDO 'HYHORSPHQW )XQG %%65& 1RUZLFK 5HVHDUFK 3DUN %5( DQG 1HZ $QJOLD /(3 On target to achieve the highest sustainability VWDQGDUGV RI %5(($0 2XWVWDQGLQJ DQG 3DVVLYKDXV FHUWLÀFDWLRQ ZLWK DQ H[FHSWLRQDOO\ low embodied carbon footprint through WKH LQQRYDWLYH XVH RI ORFDO ELR UHQHZDEOH PDWHULDOV 7KH (QWHUSULVH &HQWUH DLPV WR EH WKH 8.·V JUHHQHVW FRPPHUFLDO EXLOGLQJ ZKHQ RSHQ IRU EXVLQHVV LQ 6SULQJ $ERYH DOO ZH DLP WR FUHDWH DQ XQSDUDOOHOHG working environment, fostering collaboration DQG LQQRYDWLRQ DPRQJ VWDUW XSV DQG 60(V promoting new low carbon standards and creating new supply chains with resulting FLUFXODU HFRQRPLF EHQHÀWV Returning to market forces, the cost premium for sustainable buildings continues to decrease as designers, manufacturers, contractors and clients simply get better at GHOLYHU\ GULYLQJ HIÀFLHQFLHV DQG LQQRYDWLRQ through the supply chain. Recent evidence VKRZV WKDW %5(($0 ([FHOOHQW UDWLQJV IRU RIÀFHV FDQ EH DFKLHYHG DW FRVW SUHPLXPV RI WR ZKLOH LQ WKH (DVW RI (QJODQG Passivhaus dwellings are being constructed DW FRVW SDULW\ ,Q FHQWUDO /RQGRQ FRUSRUDWH occupiers are driving demand for sustainable

,Q WKLV FRQWH[W WKHUH LV QRZ YDVW SRWHQWLDO IRU FRPSHWLWLYH DGYDQWDJH ÀUVWO\ E\ GHYHORSLQJ VXVWDLQDELOLW\ DGYDQWDJHG SURGXFWV DQG services that better meet customer needs while delivering environmental and social EHQHÀWV DQG VHFRQGO\ WKURXJK VXVWDLQDELOLW\ driven productivity gains whereby carbon, HQHUJ\ DQG ZDWHU UHGXFWLRQ DFWV E\ SUR[\ DV D GULYHU IRU ZLGHU UHVRXUFH HIÀFLHQF\ GLUHFWO\ EHQHÀWWLQJ WKH ERWWRP OLQH $V ZLWK DQ\ EXVLQHVV SURSHUW\ FOLHQWV and consultants need to differentiate themselves from their competitors, and remain aligned with changing demand. Occupiers are increasingly knowledgeable DERXW WKH EHQHÀWV RI VXVWDLQDEOH EXLOGLQJV not only to the environment but also to themselves in terms of operating cost savings, brand values, corporate responsibility, occupier comfort, wellbeing, productivity, health and educational outcomes. 0DQ\ RI WKHVH EHQHÀWV FDQ EH ¶PRQHWLVHG· 7KH :RUOG *UHHQ %XLOGLQJ &RXQFLO·V UHSRUW 7KH %XVLQHVV &DVH IRU *UHHQ Building presents compelling evidence of the HFRQRPLF EHQHÀWV RI VXVWDLQDEOH EXLOGLQJV ,Q SDUWLFXODU LW FLWHV VWXGLHV OLQNLQJ QDWXUDO daylight and operable windows to increases LQ RFFXSLHU SURGXFWLYLW\ RI XS WR ,WV IROORZ XS UHSRUW +HDOWK :HOOEHLQJ 3URGXFWLYLW\ LQ 2IÀFHV FLWHV HYLGHQFH RI D FOHDU OLQN EHWZHHQ WKH GHVLJQ RI DQ RIÀFH and its impact on the health, wellbeing and SURGXFWLYLW\ RI LWV RFFXSDQWV (PSOR\PHQW UHODWHG FRVWV W\SLFDOO\ DFFRXQW IRU RI RIÀFH RSHUDWLQJ FRVWV WKHUHIRUH HYHQ VPDOO increases in employee health, wellbeing and SURGXFWLYLW\ FDQ UHVXOW LQ VLJQLÀFDQW ÀQDQFLDO EHQHÀW )XUWKHUPRUH HPSOR\HUV QHHG WR

buildings, while investors are managing the risk of accelerated obsolescence and GHSUHFLDWLRQ LQ YDOXH RI QRQ VXVWDLQDEOH buildings. With more effective information RQ VXVWDLQDELOLW\ EHQHÀWV IRU RFFXSLHUV WR consider, agents to promote and valuers to analyse, there is the potential for positive price signals to drive the development and UHWURÀW RI IXQGDPHQWDOO\ EHWWHU IXQFWLRQLQJ buildings.

Market sentiment has noticeably shifted. Occupiers are now shaping the demand for buildings which offer an improved working environment that

will stimulate staff, create better wellbeing DQG XOWLPDWHO\ OHDG WR LPSURYHG HIÀFLHQF\ ,Q WKH SDVW WKLV ZDV DQ DVSLUDWLRQ EXW DV the green agenda takes more of a centre stage, and as delivery costs reduce (and market rents improve), more sustainable buildings should become increasingly deliverable and commonplace, and we at %URZQ &R ZLOO EH DGYLVLQJ GHYHORSHUV DQG occupiers accordingly.

Nick Dunn BSc MRICS Partner 01603 598241 nick.dunn@brown-co.com

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